₦airaland Forum

Wicked and tyrannical laws for the benefit of few.

Image123:
Personal income tax rate is 25% for anyone earning above 50million. It used to be 24% for anyone above 3.2million. Let me know the rates you refer to that's more. Thanks.

Kindly engage Oyedele so he can explain to you why high earners are paying more tax as he has often mentioned in his interviews.

CodeTemplarr:
Taxing existence and not prosperity is what has brought Iran to her knees. The FG are taxing transfer of funds not minding the purpose. If an association of individuals decide to transfer donation for a noble cause and that amount exceeds 10,000.00 boooom N50 is gone from sender n reciever. You transfer your tithe also, boooom another N50.
Urgent 10k nko? Another one. You pay for groceries with transfer nko? Same thing. Ransom to kidnappers nko same thing. Imagine Adamu/Ada/Ade has been kidnapped and as the tradition has become, his people are transferring above N10k to a contribution holding account, boooom N50 each. They are taxing misery and existence like prosperity. Taxing even injustice.


Funding religion is another

Did you even understand the technicality of the write-up by KPMG?

Image123:
95% of what you have said is not new. We've been experiencing the same scenario for years, it's not due to the new tax reform. What i am asking is a comparison of the old and the new, and how the new is so oppressive when compared to the old tax model.

Let me explain, in the previous tax, only income sourced within Nigeria was taxable. So, freelancers, remote workers, content creators, etc who worked remotely and made income from other societies didnt pay income tax but paid other taxes. This new tax forced us to pay. And the idea behind world wide income like in a place like UK falls on the idea that u use govt funded facilities heavily while staying in the UK and working and earning else where. But that is not the case with us here. Those who sourced for income abroad practically dont enjoy anything free from govt.
I know how much it cost me to give my family bottle water each month, if I had govt treated water, that will save me such cost. There are many other examples.
Rent relief of ridiculous peg at 500k is useless for high income earners becus high income earners dont live in house of 2m per year. Put it at 20 percent or 30 percent and leave it. Doesnt matter how much it is. Leave foriegn sourced income until u have a viable society with good roads, hospitals, water, etc so that those who dont make money from Nigeria can use those facilities to justify their income tax. As it stands the current tax is oppressive and wicked. And mind u, other taxes exis and mind u, those have been stollen before and will still be stollen now.

Image123:
It is very unnecessary or too high. The video says it's voluntary, there's nothing voluntary about stamp duty. It automatically comes on transactions.

.. Good observation.

When we used to go to the post office, we paid it and still pay it.

SixSeven:
.. Good observation.

When we used to go to the post office, we paid it and still pay it.

The point is that it's not necessary to add it to every bank transaction. Even if it's a culture or religion for you to pay.

Princedapace:
Let me explain, in the previous tax, only income sourced within Nigeria was taxable. So, freelancers, remote workers, content creators, etc who worked remotely and made income from other societies didnt pay income tax but paid other taxes. This new tax forced us to pay. And the idea behind world wide income like in a place like UK falls on the idea that u use govt funded facilities heavily while staying in the UK and working and earning else where. But that is not the case with us here. Those who sourced for income abroad practically dont enjoy anything free from govt.
I know how much it cost me to give my family bottle water each month, if I had govt treated water, that will save me such cost. There are many other examples.
Rent relief of ridiculous peg at 500k is useless for high income earners becus high income earners dont live in house of 2m per year. Put it at 20 percent or 30 percent and leave it. Doesnt matter how much it is. Leave foriegn sourced income until u have a viable society with good roads, hospitals, water, etc so that those who dont make money from Nigeria can use those facilities to justify their income tax. As it stands the current tax is oppressive and wicked. And mind u, other taxes exis and mind u, those have been stollen before and will still be stollen now.

Lolz, so your line of argument is that the government doesn't deserve your tax because you don't earn your money in Nigeria.

Druss:
Kindly engage Oyedele so he can explain to you why high earners are paying more tax as he has often mentioned in his interviews.

Oyedele didn't claim that the new reforms were oppressive or that rates were a lot more.

Image123:
The point is that it's not necessary to add it to every bank transaction. Even if it's a culture or religion for you to pay.

But it's the law. It's an act. So we MUST pay it.

Unfair taxation.
Ridiculous threshold.
If I am earning 900,000 p.a I may be taxed on the N100,000 above the threshold.

N900,000 by UN standards is crushing poverty.
This is equivalent to earning N2,500 a day or $1.72... or for time based work the government of Nigeria still wants their share if you earn a ridiculous 22 cents an hour.

To collect this by coercion will just mean an end to this kind of democracy we practice.

SixSeven:
But it's the law. It's an act. So we MUST pay it.

i never said that it's not law. i said it's not part of the new reforms, that it existed before, and that it's unnecessary or should be reduced.

Princedapace:
Let me explain, in the previous tax, only income sourced within Nigeria was taxable. So, freelancers, remote workers, content creators, etc who worked remotely and made income from other societies didnt pay income tax but paid other taxes. This new tax forced us to pay. And the idea behind world wide income like in a place like UK falls on the idea that u use govt funded facilities heavily while staying in the UK and working and earning else where. But that is not the case with us here. Those who sourced for income abroad practically dont enjoy anything free from govt.
I know how much it cost me to give my family bottle water each month, if I had govt treated water, that will save me such cost. There are many other examples.
Rent relief of ridiculous peg at 500k is useless for high income earners becus high income earners dont live in house of 2m per year. Put it at 20 percent or 30 percent and leave it. Doesnt matter how much it is. Leave foriegn sourced income until u have a viable society with good roads, hospitals, water, etc so that those who dont make money from Nigeria can use those facilities to justify their income tax. As it stands the current tax is oppressive and wicked. And mind u, other taxes exis and mind u, those have been stollen before and will still be stollen now.

This wicked man says he will tax all remote workers earning to the tune of 30%

Whether you earn $5 30% will be taken off leaving you with only $3.5

Or $1000,000 and above still 30% will be taken off leaving behind $700,000

Why is everyone obsessed with Nigeria, leave us alone na, all this findings are adding insults to beating, whatever the case the government will still go ahead and do whatever it desires, so please leave us alone

Image123:
Lolz, so your line of argument is that the government doesn't deserve your tax because you don't earn your money in Nigeria.

Yes! A lot of u keeo forgeting that income tax is not the only tax. We have VAT. If I should u how much govt made from me via VAT alone, u go scream. What about various bank charges that go to govt?
Now, the idea behind world wide income tax is because those who reside in the country have access to use quality govt funded pry, secondary, universities, healthcare, electricity, water, good roads, security, emergency services, etc. But since I earn outside Nigeria and none of these stuff I listed exist, why is govt eyeing up to 25 percent of that income, exlcuding the usal VAT, bank charges, import duties, etc? That is criminality. Let me give u an example:
Let say before a foreign source income earner, i made 20m last year and I spent around 2m plus on fueling generator, electriicty bill and maintainance of generator for my family home because as a human, we deserve 24/7 electricity, we deserve to sleep with our AC on, etc. So, to give my family quality electricity, I spent more on our home gen. We dont deserve to sleep under heat. I spent this beacuse govt has failed in providing us with stable electricity. Now, i didnt pay income tax, right ? Last year, so this year, I made same 20m yearly, govt takes about 4m from me as income tax. This reduces my purhcasing power to 16m. Now, from that 16m i will still have to sort out 2m plus on electricity. Now, if govt had taken the 4m plus as tax and has fixed electricity, then I will have more purchasing power and quality of life, I will not need to spend 2m plus on fueling generator, I will not buy bottle water to take clean water, I will not fix my car often because of bad roads. When I want to resel my car, I can resel at a good rate because the roads have not made it look old. The list goes on. So, what exactly Am I paying the income tax for? For the money to be used to provide politicians retirement packages?
Tinubu has budgeted another 7b for solar installation in Aso Rock which will be funded by tax payers. So, who takes of my own electricity? Dont I deserve 24/7 electricity? Dont forget, tax payers and our resources are used to provide electricity for him at home, health care taken care of by the country, his food taken care of by the country. We work and make money to take care of politicians. I dont understand. We dont deserve good life too?

Princedapace:
Yes! A lot of u keeo forgeting that income tax is not the only tax. We have VAT. If I should u how much govt made from me via VAT alone, u go scream. What about various bank charges that go to govt?
Now, the idea behind world wide income tax is because those who reside in the country have access to use quality govt funded pry, secondary, universities, healthcare, electricity, water, good roads, security, emergency services, etc. But since I earn outside Nigeria and none of these stuff I listed exist, why is govt eyeing up to 25 percent of that income, exlcuding the usal VAT, bank charges, import duties, etc? That is criminality. Let me give u an example:
Let say before a foreign source income earner, i made 20m last year and I spent around 2m plus on fueling generator, electriicty bill and maintainance of generator for my family home because as a human, we deserve 24/7 electricity, we deserve to sleep with our AC on, etc. So, to give my family quality electricity, I spent more on our home gen. We dont deserve to sleep under heat. I spent this beacuse govt has failed in providing us with stable electricity. Now, i didnt pay income tax, right ? Last year, so this year, I made same 20m yearly, govt takes about 4m from me as income tax. This reduces my purhcasing power to 16m. Now, from that 16m i will still have to sort out 2m plus on electricity. Now, if govt had taken the 4m plus as tax and has fixed electricity, then I will have more purchasing power and quality of life, I will not need to spend 2m plus on fueling generator, I will not buy bottle water to take clean water, I will not fix my car often because of bad roads. When I want to resel my car, I can resel at a good rate because the roads have not made it look old. The list goes on. So, what exactly Am I paying the income tax for? For the money to be used to provide politicians retirement packages?
Tinubu has budgeted another 7b for solar installation in Aso Rock which will be funded by tax payers. So, who takes of my own electricity? Dont I deserve 24/7 electricity? Dont forget, tax payers and our resources are used to provide electricity for him at home, health care taken care of by the country, his food taken care of by the country. We work and make money to take care of politicians. I dont understand. We dont deserve good life too?

It's as funny as it gets. Friend, if you live in a country, you are subject to the laws of the country. Otherwise, you could move to where you think is better. As long as you choose to live in a country, you are bound by the laws of the country including its tax laws. It's not an argument for nl or social media. Find out if you are a tax resident or not, and perhaps you are lucky to qualify for some existing double taxation agreement that may exempt you. My little advice. The leap from new tax is oppressive to Nigeria doesn't deserve my tax isn't for me to help you with.

Image123:
It's as funny as it gets. Friend, if you live in a country, you are subject to the laws of the country. Otherwise, you could move to where you think is better. As long as you choose to live in a country, you are bound by the laws of the country including its tax laws. It's not an argument for nl or social media. Find out if you are a tax resident or not, and perhaps you are lucky to qualify for some existing double taxation agreement that may exempt you. My little advice.

What u said is true, the argument is if the law is jutfiable or not. What we swallow in Nigeria is complete mess. We simply fund the lives of politicians while they give us nothing in return. I just watched a video of a senior doctor lamenting that Nigerian doctors cant rent decent apartment. I mean those in Lagos, imagine those in other states. A critical sector like health, govt has abandoned it and wants me to pay tax while they use the money to embrace foreign trip. Laws are made by humans and for humans and laws cant be questioned. In Nigeria, we breed criminals in the name of democracy.
I just watched another video where a pratising doctor in lagos was lamenting how they watch people die in hospitals becus of no money. She almost cried and listed the incidents she faced within just 3 days. It is crazy. These politicians are cheating us badly and comments like yours enable them.
Why should I be funding the live styles of politicians? They have total control of our god given resources, we no talk. They have control of our income, we no talk, now they are coming deeper into our pockets. Questioning things is normal. That is what made countries work. I know what i suffered to learn what i know today, due to no electricity, i had to use a nearby betting shop that usually On generator. I would stand against the wall and place my laptop on my lap to learn what I was learning. If Nigeria had electricity, it would have been easier.
These pot bellied men keep destroying us. F#ck it.

Princedapace:
What u said is true, the argument is if the law is jutfiable or not. What we swallow in Nigeria is complete mess. We simply fund the lives of politicians while they give us nothing in return. I just watched a video of a senior doctor lamenting that Nigerian doctors cant rent decent apartment. I mean those in Lagos, imagine those in other states. A critical sector like health, govt has abandoned it and wants me to pay tax while they use the money to embrace foreign trip. Laws are made by humans and for humans and laws cant be questioned. In Nigeria, we breed criminals in the name of democracy.
I just watched another video where a pratising doctor in lagos was lamenting how they watch people die in hospitals becus of no money. She almost cried and listed the incidents she faced within just 3 days. It is crazy. These politicians are cheating us badly and comments like yours enable them.
Why should I be funding the live styles of politicians? They have total control of our god given resources, we no talk. They have control of our income, we no talk, now they are coming deeper into our pockets. Questioning things is normal. That is what made countries work. I know what i suffered to learn what i know today, due to no electricity, i had to use a nearby betting shop that usually On generator. I would stand against the wall and place my laptop on my lap to learn what I was learning. If Nigeria had electricity, it would have been easier.
These pot bellied men keep destroying us. F#ck it.

Questioning and even lobbying is different from burning down or pulling down your country. Comments like yours don't help anyone. Like i said earlier, over 95% of what you complain of have been and continue to be before the tax reforms. Abuse of a system cannot stop me asking for or seeing improvements. Up to you what you see, and up to me what i see.

Image123:
Questioning and even lobbying is different from burning down or pulling down your country. Comments like yours don't help anyone. Like i said earlier, over 95% of what you complain of have been and continue to be before the tax reforms. Abuse of a system cannot stop me asking for or seeing improvements. Up to you what you see, and up to me what i see.

I am not the one who is pulling country down. Why cant u all get it? Those pulling Nigeria down are those criminals as politicians. Why do humans behave like zombies? Like why do some of u make excuses for politicians. I gave u reasons why what I mentioned is annoying now.
What Am I paying 25 percent of income I sourced abroad for when I cant get public quality healthcare? No electricity, no good roads, no quality education, no water? So, what is my income tax used for? There is an idea behind world wide income tax. It is on the premise that govt is reasonable enough to provide u with adequate social amenities so u support them with tax while they mine ur resources and use ur tax to support the system. In this case, I benefit nothing and u want to take the money.
I applied for police, immigration, CBN, prison service, civil service, road safety, etc. They all failed me and gave jobs to political affiliates. They give jobs based on political connection.
Now, I didnt die, I worked so hard, another society paid me by exposing me to people who found me worthy and hired to work with me, and u want to take 25 percent of it while not providing me with any social benefit. That is wickendness and stealing. I am not the one pulling the country down. Calling out the system for being corrupt doesnt mean I am pulling the country down. It is one who is doing the corruption that is pulling the country down.

Princedapace:
I am not the one who is pulling country down. Why cant u all get it? Those pulling Nigeria down are those criminals as politicians. Why do humans behave like zombies? Like why do some of u make excuses for politicians. I gave u reasons why what I mentioned is annoying now.
What Am I paying 25 percent of income I sourced abroad for when I cant get public quality healthcare? No electricity, no good roads, no quality education, no water? So, what is my income tax used for? There is an idea behind world wide income tax. It is on the premise that govt is reasonable enough to provide u with adequate social amenities so u support them with tax while they mine ur resources and use ur tax to support the system. In this case, I benefit nothing and u want to take the money.
I applied for police, immigration, CBN, prison service, civil service, road safety, etc. They all failed me and gave jobs to political affiliates. They give jobs based on political connection.
Now, I didnt die, I worked so hard, another society paid me by exposing me to people who found me worthy and hired to work with me, and u want to take 25 percent of it while not providing me with any social benefit. That is wickendness and stealing. I am not the one pulling the country down. Calling out the system for being corrupt doesnt mean I am pulling the country down. It is one who is doing the corruption that is pulling the country down.

Friend, find a way to move to the country that gave you all since Nigeria is of no benefit to you, otherwise cooperate with its laws. Instigating people against reforms pulls the country down. Riots and insurrection don't solve problems.

Image123:
Friend, find a way to move to the country that gave you all since Nigeria is of no benefit to you, otherwise cooperate with its laws. Instigating people against reforms pulls the country down. Riots and insurrection don't solve problems.

What solves problem is for politicians to stop looting, u hear? Not someone calling out the Bleep up by the same politicians. I dont understand u.

Image123:
That's not tax but some unnecessary stamp duty that has always existed.

Stamp duty is also a type of tax that is why it is captured in the NTAA 2025.

Best read up if you're going to be on the defending side.

A whole lot of errors in this tax that was hurriedly done and passed into laws.

They should look critically into it again they would find more errors I can assure you.

Nothing good will ever come out of SW president

Princedapace:
What solves problem is for politicians to stop looting, u hear? Not someone calling out the Bleep up by the same politicians. I dont understand u.

I stopped answering because I sensed the account might be trolling. When someone asks where Oyedele mentioned that high earning people will pay more tax, I know something is off. He or she is working off a set of assumptions.

Druss:
I stopped answering because I sensed the account might be trolling. When someone asks where Oyedele mentioned that high earning people will pay more tax, I know something is off. He or she is working off a set of assumptions.

Obviously he works for politicians. It is a shame

Should we go back to the days of GEJ?

ogododo:
Says shortfalls need urgent reconsideration to attain stated objectives of tax reform

•Seeks action on controlled foreign companies, taxation of non-resident persons, imposition of tax, deductions allowed, others

•Calls for exclusion of withholding tax on insurance premiums paid to non-residents

“Nigeria’s New Tax Laws: Inherent Errors, Inconsistencies, Gaps and Omissions”

https://assets.kpmg.com/content/dam/kpmg/ng/pdf/2026/01/Inherent%20Errors,%20Gaps%20and%20Ommissions%20in%20New%20Tax%20Acts%20-%206%20January.pdf